Londinia Opportunities Analyses - 04/26/2024 (GMT) ONELEDGER - OLT/USDT - 1H

ONELEDGER - OLT/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: OLTUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.003272 USDT
My targets
0.003622 USDT (+6.79%)
0.003986 USDT (+17.51%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ONELEDGER - OLT/USDT as long as the price remains well above 0.003272 USDT. The buyers' bullish objective is set at 0.003622 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.003986 USDT. If there is any crossing, the next objective would be the resistance located at 0.005728 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The ONELEDGER - OLT/USDT price is 0.003392 USDT. The price registered an increase of +11.00% on the session and was traded between 0.002954 USDT and 0.003884 USDT over the period. The price is currently at +14.83% from its lowest and -12.67% from its highest.

0.002954
0.003884
0.003392

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ONELEDGER - OLT/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.003010 0.003113 0.003272 0.003392 0.003986 0.005728 0.007600
Change (%) -11.26% -8.23% -3.54% - +17.51% +68.87% +124.06%
Change -0.000382 -0.000279 -0.000120 - +0.000594 +0.002336 +0.004208
Level Major Minor Major - Intermediate Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0021180.0024070.0027320.0030210.0033460.0036350.003960
Camarilla0.0028870.0029430.0030000.0030560.0031120.0031690.003225
Woodie0.0021350.0024160.0027490.0030300.0033630.0036440.003977
Fibonacci0.0024070.0026420.0027870.0030210.0032560.0034010.003635


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0013600.0020210.0023530.0030140.0033460.0040070.004339
Camarilla0.0024130.0025040.0025950.0026860.0027770.0028680.002959
Woodie0.0011970.0019390.0021900.0029320.0031830.0039250.004176
Fibonacci0.0020210.0024000.0026340.0030140.0033930.0036270.004007


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0017680.0024130.0029770.0036220.0041860.0048310.005395
Camarilla0.0032080.0033180.0034290.0035400.0036510.0037620.003873
Woodie0.0017270.0023930.0029360.0036020.0041450.0048110.005354
Fibonacci0.0024130.0028750.0031610.0036220.0040840.0043700.004831

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 63.49
MACD (12,26,9): 0.0001
Directional Movement: 28.038231
AROON (14): 50.000000
DEMA (21): 0.003340
Parabolic SAR (0,02-0,02-0,2): 0.003131
Elder Ray (13): 0.000082
Super Trend (3,10): 0.003198
Zig ZAG (10): 0.003391
VORTEX (21): 1.0662
Stochastique (14,3,5): 51.51
TEMA (21): 0.003390
Williams %R (14): -54.52
Chande Momentum Oscillator (20): 0.000418
Repulse (5,40,3): 0.2850
ROCnROLL: 1
TRIX (15,9): 0.3222
Courbe Coppock: 19.38
MA7: 0.002917
MA20: 0.003020
MA50: 0.003341
MA100: 0.003514
MAexp7: 0.003350
MAexp20: 0.003213
MAexp50: 0.003079
MAexp100: 0.002990
Price / MA7: +16.28%
Price / MA20: +12.32%
Price / MA50: +1.53%
Price / MA100: -3.47%
Price / MAexp7: +1.25%
Price / MAexp20: +5.57%
Price / MAexp50: +10.17%
Price / MAexp100: +13.44%

Quotes : - Real time data - Cryptocompare